The Dutch securitisation market benefited in 2018 from a clearer regulatory narrative. STS gave European securitisation a more formal quality framework, and Dutch issuers were well positioned to fit within it. In practice, the market had already moved in this direction: straightforward structures, detailed reporting and recognised programme identity had become central to investor confidence.
Obvion remained highly visible across multiple shelves, including Storm, Green Storm, Fordless Storm and Strong. Argenta continued through Green Apple, Achmea appeared through Securitised Residential Mortgage Portfolio I, and NIBC remained present with Dutch MBS XIX. Aegon also continued to reinforce the SAECURE shelf.
The significance of 2018 lay less in dramatic expansion than in institutional consolidation. The market was now increasingly intelligible to investors in a formalised European framework. Loan-level reporting had become fully embedded in market practice, and Dutch RMBS was benefiting from that reputational advantage.
2018 transaction list
13-01-2018 | ING Bank N.V. | Orange Lion | Orange Lion XVI RMBS B.V. | Residential Mortgages 25-01-2018 | Obvion N.V. | STORM | Storm 2018-1 B.V. | Residential Mortgages 28-02-2018 | Obvion N.V. | Fordless Storm | Fordless Storm 2018 B.V. | Residential Mortgages 30-05-2018 | Obvion N.V. | Green Storm | Green Storm 2018 B.V. | Residential Mortgages 01-06-2018 | Achmea Bank N.V. | Securitised Residential Mortgage Portfolio | Securitised Residential Mortgage Portfolio I B.V. | Residential Mortgages 22-06-2018 | Argenta Spaarbank N.V. | Green Apple | Green Apple 2018-I NHG B.V. | Residential Mortgages 27-09-2018 | Obvion N.V. | STORM | Storm 2018-II B.V. | Residential Mortgages 25-10-2018 | NIBC Bank N.V. | Dutch MBS | Dutch MBS XIX B.V. | Residential Mortgages 12-11-2018 | Aegon Bank N.V. | SAECURE | Saecure 16 B.V. | Residential Mortgages 28-11-2018 | Obvion N.V. | STRONG | Strong 2018 B.V. | Residential Mortgages